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Aloha ,
Market Update
This past weekend we celebrated both Ken and my birthdays while staying at the Honua Kai Resort and Spa in Ka'anapali. We enjoyed a 3 night stay in a 3 bedroom oceanfront unit overlooking the pool area with spectacular ocean views.
Although we have sold units in this complex in the past, this is the first time that we got to experience staying at Honua Kai as guests.
Some of the positive features are the amenities. There are 3 different pool areas in their aquatic playground. My 5 and 3 year old daughters absolutely loved the waterslide (went on it numerous times) and water caves in the keiki pool. I personally loved that there were 4 hot tubs onsite. Also, the pool area does not close till 10 p.m.
We ate at Duke's Beach House for dinner one night and they had great food. You could either sit outside for burgers and finger foods or eat indoors for a fine dining experience. Reservations are recommended. While you are lounging at the pool area during the daytime, there are pool servers that will take your lunch order from Duke's.
The Ho'ola Spa also opened up earlier this year as well and there is a fitness center located next to it. I'll have to come back and try the spa. There will be a new Whaler's General Store opening in the Konea Tower in the future.
The room itself was amazing with 3 bedrooms and 3 bathrooms. The master bathroom had a very large walk in shower with a shower head on either side and a large soaking tub. All of the rooms were very spacious. We did most of our cooking from the Wolf BBQ grill located on our huge lanai. It felt like staying in a home since we had a fully equipped kitchen and a washer/dryer in our unit.
I loved how there was underground parking for guests and an elevator that took you straight to your room level. This is very helpful for families with kids and lots of stuff to carry back to your hotel room.
I cannot think of anything negative to say about Honua Kai Resort and I would stay there again. TripAdvisor rates it as 4.5 out of 5 stars. To learn more about this resort visit www.honuakai.com.
Here's a link to what's available at Honua Kai.
The developer also still has some units left for sale. This is a great development if you want a 2nd home on Maui or for to use as a vacation rental. Let us know if you are interested.
Have a wonderful week.
Mahalo Nui Loa,
Melissa for The Smith Team
Ken, Melissa, Greg, and Jeremy
P.S. - Trulia's Bubble Watch shows that home prices are still undervalued by 3 % nationally. They factor in home price values by comparing prices today with historical prices, income, and rents.
Gregory P. Smith R (B), Melissa Smith R (B), Ken Smith R (S), Jeremy Smith R (S)
Market Watch for July 1st, 2014
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Active
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Pending
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Sold
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Change
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Homes
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521 (244)
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228 (35)
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950 (177)
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-15
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Condos
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748 (179)
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183 (12)
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1325 (193)
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-9
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Land
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375 (124)
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25 (4)
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218 (24)
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-7
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Total
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1644 (547)
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436 (51)
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2493 (394)
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-31
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1. The numbers in parentheses reflect the number of listings over $1M
2. Sold listings are for the previous 12 months.
3. Change is the increase or decrease in number of active listings from the previous week.
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Homes Over $1M
23 Mauds PLace
Kula
$1.5M (FS)
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Known as the "Koa Wood Home" in Kula for the small fortune in**extensive** custom Koa woodwork throughout the home. Not to mention other exotic Hawaiian woods used in the doors, cabinetry and wood accents. Must see to appreciate. This incredible home sits on 2.4 pristine acres with stunning ocean views in an area and altitude considered the best climate on earth. Just completed a 1700+ square foot brand new building/artist studio (county approved) right off the Highway.
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342 Cook Pine Drive
Kapalua
$3.995M (FS)
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Pineapple Hill's largest lot is a consolidation of Lots 90 & 91, totaling over 35,000 square feet and offering the most secluded location within Pineapple Hill with its own private gate. Pineapple Hill is a gated community in Kapalua Resort.
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Homes Under $1M
283 Palama Drive
Kahului
$389K (FS)
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Large home and detached ohana in quiet established neighborhood in need of TLC with lots of potential. Large back patio for entertaining with large backyard, large mango tree with plenty of room for a garden.
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131 Molehulehu Loop
Kahului
$470K (FS)
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Bank Owned. A wonderful home located in The Legends at Maui Lani. Open floor plan with wood floors and large master bedroom.
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3259 Iolani Street
Pukalani
$547.5K (FS)
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Commanding views from this quality built Lindal Cedar Home in Pukalani. Updated remodel features include Granite Counters, Stainless Steel Appliances, Double Vanity in Master Suite and Wet Bar.
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4064 Lower Honoapiilani Road
Kahana
$764.9K (FS)
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Bank Owned. Large 2 story upgraded home. Custom kitchen with Granite counter tops and tile back splash. High ceilings and custom flooring. Master bath is incredible.
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37 Manu Street
Kula
$865K (FS)
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This is an impeccably maintained single family home in the much desirable Kula Kai Subdivision. The home is in excellent condition and exhibits true pride of ownership. The grounds surrounding this home have been expertly landscaped and maintained.
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3184 Mapu Place
Kihei
$998K (FS)
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Almost new, immaculate home with ocean view, with the bedrooms, 2 baths, and kitchen upstairs, and a big game room and bath downstairs- ideal for entertaining or extended family living. Kitchen boasts granite countertops and solid wood cabinets, with laminate floors in living areas. Situated on over a half-acre, this oasis is beautifully and meticulously landscaped, plus a private ohana (cottage) at the bottom of the lot, great for extended family or a mortgage helper.
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Vacation Condos Over $1M
Wailea Point #301
Wailea
$4.795M (FS)
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Nestled between Wailea and Polo Beach, this front row oceanfront unit at Wailea Point has phenomenal ocean views. This ground floor 2 bedroom / 2 bath residence was remodeled in 2004 with the finest limestone, granite, and wood materials. The open kitchen includes top of the line appliances with a 42 in. Sub-zero refrigerator, KitchenAid trash compactor, built-in Dacor microwave and oven, Dacor stove, Bosch dishwasher, a water softener, and beautiful Hawaiian Koa wood cabinetry.
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Vacation Condos Under $1M
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Maui Vista #2110
Kihei
$299K (FS)
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Popular turn-key vacation rental ground floor 1 bedroom / 1 bath unit located at Maui Vista.
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Island Sands #305
Ma'alaea
$549K (FS)
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Beautifully remodeled and furnished 2 bedroom 2 bath direct oceanfront unit in one of Ma'alaea's most sought after buildings. This floor plan offers 2 entrances and can be locked off for flexible rental purposes. Large pool and BBQ area compliment the well maintained building and grounds.
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Kapalua Ridge #1614
Kapalua
$849K (FS)
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"Simply Stunning" best describes this exquisite and spacious one level jewel at Kapalua Ridge. Enjoy expansive ocean views of Kapalua and Honolua Bay, as well as partake in all of the perks of ownership at Kapalua.
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Residential Condos
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Iao Parkside 3-104
Wailuku
$199.9K (FS)
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Bank Owned. Great ground floor 2 bd. 2 bath condo. Private location with a huge enclosed yard. New vinyl flooring in the kitchen and living area. 2 parking stalls.
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Vacant Land
41 Ikena Kai Place
Kula
$635 (FS)
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A community of Elegant Country Estate homes. The ultimate in seclusion and privacy with breathtaking, bi-coastal ocean views.
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